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Finland builds country’s largest PV plant by leasing the arrays panels to customers

Finland’s largest solar power plant so far, located in Kivikko, Helsinki, which became operational in mid-April, increased the country’s solar power production by 10 percent.

read more... 03/05/2016

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Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices

Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.

read more... 29/04/2016

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Britain: National Grid will pay companies to use electricity this summer

A dozen British firms will be paid to use power under a scheme National Grid will start next month intended at balancing the system in summer, when production is high from green energy sources such as wind and solar.

read more... 22/04/2016

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Daily: European spot power prices evolved differently, French prices spurred by weak renewables

Crude oil boosted 4 percent on Wednesday after a small-than-expected increase in U.S. crude stockpiles that offset oversupply worries caused by the end of Kuwait strike and on prospects that oil majors would meet again to try to reduce oil production. Brent's front-month contract rose $1.77, or 4 percent, to settle at $45.80 a barrel. It had plunged to a session low of $42.81. U.S. crude's front-month contract, for May delivery, which expired at Wednesday's settlement, climbed $1.55, or 3.8 percent, at $42.63 a barrel. The session low was $39.85.

read more... 21/04/2016

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Daily: Crude oil future price dropped after Kuwaiti oil workers stop strike

Crude futures declined on Wednesday after Kuwaiti oil employees ended a three-day strike that had reduced the nation's crude production by approximately half, with fears about an oversupplied market returning to the fore.

read more... 20/04/2016

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